Anderson Financial Strategies LLC Invests $51,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Anderson Financial Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 1,875 shares of the company’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $26,000. Ritter Daniher Financial Advisory LLC DE increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the last quarter. PFG Private Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC raised its holdings in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after acquiring an additional 777 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $26.06 on Friday. The firm has a market cap of $67.23 billion, a P/E ratio of 15.04 and a beta of 0.83. The firm has a fifty day moving average of $26.76 and a two-hundred day moving average of $27.69. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date was Wednesday, March 26th.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.